Shareholder Sues Tribune Directors, Chairman Over Spurned Gannett Bid

A Tribune Publishing investor sued the media company's directors and Chairman Michael Ferro for spurning an $864 million buyout offer from Gannett and seeking a cash infusion from a billionaire health-care entrepreneur.Tribune's board members are seeking to unfairly entrench themselves by taking steps to ward off the $15-a-share bid from Gannett, the largest U.S. newspaper publisher, Capital Structures Realty Advisors said in a complaint made public Thursday in Delaware Chancery Court. The lawsuit was filed on behalf of Tribune and its investors.The owner of the Los Angeles Times and Chicago Tribune rejected Gannett's second offer on May 23, calling it "clearly inadequate," even though it was 22% more than an earlier $12.25-a-share bid made public in April. Instead, the board adopted anti-takeover measures to wrongfully thwart Gannett's efforts, according to Capital Structures. Continue reading at AdAge.com Continue reading at 'Advertising Age'

[ Advertising Age | 2016-06-03 00:00:00 UTC ]
News tagged with: #media company #cash infusion #board members #taking steps

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The National Book Foundation has found its next Executive Director.

Today, the National Book Foundation announced that Ruth Dickey will be its next Executive Director, filling the role that Lisa Lucas vacated at the end of last year. Dickey has served since 2013 as the Executive Director of Seattle Arts & Lectures, and in 2019 was a judge for the National... Continue reading at Literrary Hub

[ Literrary Hub | 2021-02-11 13:36:11 UTC ]
More news stories like this | News stories tagged with: #ruth dickey #national book award #national book foundation


National Book Foundation Names Ruth Dickey as Executive Director

Ruth Dickey, the executive director of Seattle Arts & Lectures, is succeeding Lisa Lucas, who left the organization to become the publisher of Pantheon and Schocken. Continue reading at The New York Times

[ The New York Times | 2021-02-11 10:00:18 UTC ]
More news stories like this | News stories tagged with: #ruth dickey #book foundation


Future to introduce CEO bonus scheme despite shareholder revolt

Almost 40% of investors in UK’s biggest magazine publisher fail to approve controversial planFuture, the UK’s biggest magazine publisher, home to titles from Country Life and Total Guitar, is to introduce a controversial bonus scheme that could award its chief executive £40m, after a bruising... Continue reading at The Guardian

[ The Guardian | 2021-02-10 17:29:01 UTC ]
More news stories like this | News stories tagged with: #shareholder revolt #country life #total guitar #magazine publisher


Priyanka Chopra Jonas dishes on the director who said she needed plastic surgery

In her new memoir coming out Tuesday, actress Priyanka Chopra Jonas recalls the pressure she felt to conform to the film industry's beauty standards. Continue reading at Los Angeles Times

[ Los Angeles Times | 2021-02-08 23:44:01 UTC ]
More news stories like this | News stories tagged with: #memoir coming #film industry #beauty standards #memoir


West Virginia newspaper publisher sues Google, Facebook

A West Virginia news publisher has filed an antitrust suit against Google and Facebook, who dominate the online ad market Continue reading at ABC News

[ ABC News | 2021-01-29 23:10:00 UTC ]
More news stories like this | News stories tagged with: #antitrust suit #news publisher


W H Smith delays Cowling pay rise after shareholders object

W H Smith has delayed a £25,000 pay increase for c.e.o. Carl Cowling after 33% of voting shareholders opposed the company's remuneration plans at this week's annual general meeting. Continue reading at The Bookseller

[ The Bookseller | 2021-01-20 17:11:37 UTC ]
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S&S promotes Sepult to group rights director

Maud Sepult will be promoted to group rights director at Simon & Schuster UK when Stephanie Purcell moves to Bloomsbury next month.  Continue reading at The Bookseller

[ The Bookseller | 2021-01-14 01:49:37 UTC ]
More news stories like this | News stories tagged with: #bloomsbury


Welbeck appoints Vucicevic as editorial director

Welbeck has appointed Ajda Vucicevic from Mirror Books as editorial director for its narrative non-fiction team. Continue reading at The Bookseller

[ The Bookseller | 2021-01-11 11:38:29 UTC ]
More news stories like this | News stories tagged with: #mirror books


Susan Neal Named CIPA’s New Director

The Christian Indie Publishing Association (CIPA) announced the appointment of a new director, Susan Neal, who will launch new membership benefits starting this month. Continue reading at Publishers Weekly

[ Publishers Weekly | 2021-01-07 05:00:00 UTC ]
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Emily Poznanski named director of CEU Press

Emily Poznanski, current director of strategy at German academic publishing house De Gruyter, is to join Central European University Press as its new director next month. Continue reading at The Bookseller

[ The Bookseller | 2021-01-05 12:44:37 UTC ]
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Hedge fund Alden offers to buy Tribune, valuing it at $521M

Hedge fund Alden, Tribune’s largest shareholder, has offered to buy the rest of the newspaper publisher at a price that values it at $520.6 million Continue reading at ABC News

[ ABC News | 2020-12-31 15:47:06 UTC ]
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Jordan Smith will serve as Interim Executive Director of the National Book Foundation.

Earlier this year, Lisa Lucas announced that she would be stepping down as executive director of the National Book Foundation to become Senior Vice President & Publisher of Pantheon and Schocken Books. This morning, the National Book Foundation announced that Lucas will be joining the... Continue reading at Literrary Hub

[ Literrary Hub | 2020-12-10 14:46:45 UTC ]
More news stories like this | News stories tagged with: #schocken books #literary hub #national book foundation


Jordan Smith Named Interim NBF Executive Director

National Book Foundation deputy director Jordan Smith has been appointed interim executive director of the Foundation, succeeding current executive director Lisa Lucas, who is leaving to become senior v-p and publisher of Pantheon and Schocken books. Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-12-10 05:00:00 UTC ]
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BBC director of arts Claypole to step down

BBC director of arts Jonty Claypole is stepping down from his role and leaving the corporation in April 2021. Continue reading at The Bookseller

[ The Bookseller | 2020-12-07 18:10:33 UTC ]
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Scotland's National Book Awards postponed to 2021 after funding bid fails

Scotland's National Book Awards will not go ahead this year and will be delayed until 2021 after a funding application to Creative Scotland was unsuccessful, its organisers have confirmed. Continue reading at The Bookseller

[ The Bookseller | 2020-11-23 04:05:52 UTC ]
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Ex-PMs unite in Australia in bid to curb power of Murdoch empire

Former rivals to star in Leveson-style inquiry into mogul’s near-monopoly of the country’s mediaIn high public office, both men lived and died at the word of the world’s most influential media mogul, Rupert Murdoch. But now two former Australian prime ministers are at the vanguard of a campaign... Continue reading at The Guardian

[ The Guardian | 2020-11-22 07:30:15 UTC ]
More news stories like this | News stories tagged with: #murdoch empire #rupert murdoch #kevin rudd #malcolm turnbull #news corp


Rupert Murdoch’s News Corp Bids for Simon & Schuster

A sale of the venerable publisher of Stephen King and Hillary Clinton could fetch $1.7 billion and rev up consolidation in book publishing. Continue reading at The New York Times

[ The New York Times | 2020-11-17 08:28:15 UTC ]
More news stories like this | News stories tagged with: #rupert murdoch #simon schuster #stephen king #hillary clinton #book publishing #news corp


New York Times reports News Corp bid for S&S

Rupert Murdoch's media giant News Corp has made a bid for Simon & Schuster, according to a report in the New York Times. Continue reading at The Bookseller

[ The Bookseller | 2020-11-17 08:28:03 UTC ]
More news stories like this | News stories tagged with: #rupert murdoch #simon schuster #news corp


The Skillset Podcast #5: Sue Kowalski, School Librarian at Pine Grove Middle School

Years before Covid-19, when Sue Kowalski's library was closed for a building renovation and her students scattered across her district, she came up with an innovative solution to stay engaged: she bought a used RV and drove from school to school. The pandemic, however, has presented a larger... Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-11-13 05:00:00 UTC ]
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Amazon gives rugby £20m lifeline and could spark Six Nations bidding war

Amazon may not be in it for the long term but its investment in Autumn Nations Cup is likely to prompt interest from othersThere has been little cheer for unions and clubs this year as restrictions imposed by the pandemic have reduced cash flow to a trickle, prompted wage cuts and led to a run... Continue reading at The Guardian

[ The Guardian | 2020-11-12 19:00:30 UTC ]
More news stories like this | News stories tagged with: #long term #friday night #report published #bidding war #nielsen